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8525 Riverview Lane

8525 Riverview Lane, Minneapolis, MN 55444
Property in Brooklyn Park
Sold Oct 11, 2021
$345,000
$352,935 by Cardinal Financial Company Lp
Mortgage Due Oct 01, 2051
Local assessors in Minneapolis, MN have categorized 8525 Riverview Lane as a residential type of property. The home was built in 1968 and is 56 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 12,197 square feet. The linear feet between the front and back of the lot was measured at 1,410 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split foyer style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 8525 Riverview Lane has a total of 1,138 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The property was last sold in Sep 30, 2021 for $345,000. That's $303.16 per sqft. 8525 Riverview Lane was last assessed in 2022. The total value of the property was assessed at $335,400. Specifically, the land the property is located on was valued at $120,000. While improvements on the property were assessed at a total of $215,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,202. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1985
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Split foyer
  • Exterior Walls Type: Composition
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,138
  • Gross Building Area: 1,138
  • Building Area: 1,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,138
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REG. LAND SURVEY NO. 1199
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REG. LAND SURVEY NO. 1199 TRACT B N 100X141X82X143

Ownership

  • Current Owner : JAFFEUX THOMAS EUGENE
  • Current Owner 2: MORFORD KELLEY ERIN
  • Previous Owner : FAIR KEVIN
  • Previous Owner 2: FAIR SUSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anoka-Hennepin Public School District
  • School Tax School District: ANOKA - HENNEPI
  • Census Tract: 026822

Geography

  • Assessors Map Reference: MB:88559
  • District: 48
  • Subdivision Tract Number: B
  • Parcel: 13-119-21-43-0008
  • Meridian: SEC 13 QTR 43 TWN 119 RNG 21
  • Municipality: BROOKLYN PARK
  • Latitude: 45.1094
  • Longitude: -93.2899

    Address

  • Full Address: 8525 Riverview Ln
  • Address - House Number: 8525
  • Address - Street Name: Riverview
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C034
  • 4-Digit Zip Code: 1305
  • Zip Code: 55444

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,202

    Appraisal Valuation

  • Standard Deviation: 0.1425
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 366,302
  • High Value: 418,510
  • Low Value: 314,094

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,935
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Oct 11, 2021
  • First Open Lien Mortgage Loan Amount: $352,935
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $335,400
  • Market Land Value: $120,000
  • Market Improvement Value: $215,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $335,400
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $215,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Oct 11, 2021
  • Current Sale Transaction ID: 11860085931
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05885541

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Oct 11, 2021
  • First Mortgage Loan Amount: $352,935
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2051

About Brooklyn Park



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Frequently Asked Questions

What neighborhood is 8525 Riverview Lane located in?
The 8525 Riverview Lane is a located in the neighborhood of Brooklyn Park in Brooklyn Park, Minneapolis.
What is the average sales price for listings in 8525 Riverview Lane?
The average sales price for units in 8525 Riverview Lane is $0 currently.

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